One thing that I found really interesting, in this week’s reading it was the birth order and finances, chapter 2 in Till Debt do Us Part, by Poduska. I would have never thought that the order in which you were born can influence how you are with your finances. It’s interesting how the responsibility and accountability changes from first born to the last one born. As I look at my siblings and compare them to the characteristics of both first born and last born, I find that it does describe my sister, but not so much my brother. When I discussed this with my mom, she recounted some stories of her siblings, and said that it was the reverse order for them. My mom is a middle born child and exhibits more characteristics of a first born.
For me, I’m the middle of three children, so I guess I could qualify as the second born and the middle born. However, I feel like I can relate more to the middle born as opposed to the second born. The second born is more focused on having the best of everything and being on top, which I’m just not interested in. This is not to say that I don’t like to have nice things, but they don’t have to be better than everyone else’s. I have a healthy sense of fairness. I do love to give things to others, but I don’t think it’s to feel like I fit in or am loved, I really like to see people smile. If I loan out money, I don’t expect it back and generally won’t ask someone to repay it.
My husband is first born, and it mentions that first born children have a tendency to take control, make budgets, scrutinize expenditures, and such. However, my husband doesn’t really fit that category, he really likes new and improved things, and to spend money. When reading the lists of the second born, he seems to be more like that. He’s not interested with being better than others or one upping them, he just likes the biggest and best of things, whether or not it’s needed.
While reading through the worksheets on the first born and the middle born, my husband had about 50% of the first born and about 50% of the middle born qualities. Likewise, I had about the same percentage of qualities in the first born and middle born exercises. I found that odd, that we both were like that.
We do make a good couple financially as we do complement each other. We both have our times when we want to go and buy things, and we both have our times when we don’t give in to the others want to buy. Sometimes one or the other can talk the other around to giving in, but only if data is presented and is deemed to be a smart move.
It will be interesting to see how my children fair up to the first and last born characteristics. Currently my son, who is first born, likes to spend all of his money and go asking for more. Whereas my daughter, who was last born, will put some money into her savings slot and not spend all of her money in one place. I wonder what they will learn from us, watching us handle our finances.